- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 666 Third Avenue, 9th Floor New York NY United States of America 10017
- IPO Date
- Feb 26, 2001
- Business
- VanEck Oil Services ETF (OIH) is an exchange-traded fund that seeks to replicate, before fees and expenses, the price and yield performance of the MVIS US Listed Oil Services 25 Index (MVOIHTR), which tracks the overall performance of the 25 largest and most liquid U.S.-listed companies involved in oil services to the upstream oil sector, including oil equipment, oil services, and oil drilling. The ETF invests at least 80% of its total assets in securities comprising the benchmark index, which applies rigorous size, liquidity, and pure-play revenue thresholds (at least 50% of revenues from oil services activities); top holdings as of December 2025 include Schlumberger NV (18.81%), Baker Hughes Co (11.43%), Halliburton Co (7.28%), Transocean Ltd (5.42%), and Tenaris SA (5.02%), with sector weightings dominated by energy (99.86%) and geographic exposure primarily to the United States (79.57%), Switzerland, Netherlands, United Kingdom, and Bermuda. Launched on December 20, 2011, and domiciled in the United States, OIH is issued and managed by VanEck, a global investment management firm founded in 1955 and headquartered at 666 Third Avenue, New York, New York. In recent years, the ETF has maintained its focus amid fluctuating oil market dynamics, with assets under management reaching $1.28 billion as of December 16, 2025, a total expense ratio of 0.35%, and an annual dividend yield of approximately 1.70-1.92%; the most recent distribution was $5.44 per share ex-date December 23, 2024. No major structural changes, such as index reconstitutions, acquisitions, partnerships, or product launches specific to OIH, have been reported in the last 1-2 years, though routine cash adjustments and corporate actions in underlying holdings (e.g., mergers treated per index guidelines) occur periodically to ensure compliance with MVIS methodology updated as of May 2025.